COE premiums close mixed in last bidding exercise of 2017

COE premiums close mixed in last bidding exercise of 2017

File photo of traffic in Singapore. (Photo: AFP/ROSLAN RAHMAN)
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the last bidding exercise of the year on Wednesday (Dec 20).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$38,200, down from S$42,339 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$47,002 from S$53,711.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$48,011 from S$54,334.
Motorcycle premiums closed at S$7,501, up from S$6,552 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$45,112 from S$$42,000 in the previous bidding exercise.
A total of 5,832 bids was received, with a quota of 4,352 COEs available.
Source: CNA/gs
Source : http://www.channelnewsasia.com/news/singapore/coe-premiums-close-mixed-in-last-bidding-exercise-of-2017-9513124